Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.026%

Price spread now: Aster against Variational Omni+0.745%7-day average +0.027% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.068%+$7 on $10k

Price spread, last 7 days−0.734%−$73 · spread now +0.745%, 7d avg +0.027%

Together, before fees−0.667%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$67 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.718% dearer against Variational Omni than usual: you sell high and buy low, +$72 on $10k if it goes back to its 7-day average of +0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AAVE	141.38	0.0100	pay 0.0100% / 8h	4h 32m	$3.7M	$1.3M	—
Short	Aster AAVEUSDT	142.43	0.0100	get 0.0100% / 8h	4h 32m	$1.2M	$1.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee AsterbpOrdersPrice spread, now +0.745%Rate

Funding earned: $0
Price spread: +0.745% → +0.027%: $71.77
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: $63.77
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Aster: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, 2 min ago	3.11 bp	doesn't fit	10.7 bp −$107	doesn't fit	doesn't fit
Sell Aster live order book, 1 min ago	3.86 bp	12.6 bp −$13	25.5 bp −$255	doesn't fit	doesn't fit

AAVE on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange AAVEUSD	−0.0160%	1h	142.32	+0.665%	$10K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.41	+0.729%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	141.79	+0.290%	$43K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.30	+0.651%	$220K	$399K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.25	+0.615%	$80K	—	150x	as long as short
Nado AAVE-PERP	+0.0016%	1h	142.38	+0.704%	$839K	$449K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.127%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.40	+0.722%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0047%	8h	142.28	+0.636%	$18K	$10K	10x	as long as short
SoDEX AAVE-USD	+0.0048%	1h	142.30	+0.651%	$5K	$299K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix AAVE	+0.0056%	1h	141.63	+0.177%	$4K	$102K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.49	+0.784%	$4.5M	$2.0M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.39	+0.717%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	142.56	+0.834%	$76.8M	$35.4M	10x	as long as short
Aster AAVEUSDTshort	+0.0100%	8h	142.43	+0.745%	$1.2M	$1.3M	50x
Pacifica AAVE	+0.0100%	1h	142.42	+0.733%	$326K	$448K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.38	+0.707%	$63.7M	$186.1M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.45	+0.757%	$60.9M	$67.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.42	+0.735%	$17.1M	$63.9M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.44	+0.750%	$63K	$204K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	141.50	+0.081%	$57K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.43	+0.742%	$8.1M	$15.8M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.33	+0.672%	$25.0M	$23.7M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.42	+0.735%	$10.5M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.35	+0.686%	$29.0M	$18.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.31	+0.658%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.46	+0.764%	$335K	$718K	10x	as long as short
Variational Omni AAVElong	+0.0100%	8h	141.38	long leg	$3.7M	$1.3M	—
edgeX AAVEUSDC	+0.0100%	4h	141.50	+0.088%	$102K	$279K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	141.58	+0.141%	$454K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	141.57	+0.134%	$132K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.49	+0.785%	$122K	$384K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.06	+0.479%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.46	+0.760%	$685K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.22	+0.594%	$4.0M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.26	+0.621%	$892K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.31	+0.658%	$120K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0136%	1h	142.39	+0.712%	$177K	$241K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.22	+0.594%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.25	+0.616%	$111K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0325%	1h	142.39	+0.715%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	142.43	+0.742%	$789K	$2.8M	50x	as long as short